BAC
📈 Bank of America’s fixed income strategy team overweights Argentine bonds due to the potential IMF agreement.
💰 Strategists focus on the feasibility of bond payments, which currently yield around 15% annually.
✅ The IMF agreement is seen as crucial for ensuring debt payments and improving investor confidence.
@ClaveBursatilTV:
“In a video we did this week here on the channel with Matías Batista, we talked about the 10 reasons given by the fixed income strategy team in Latin America of Bank of America with the 10 reasons why they remain overweighting bonds of Argentina, that is, with many bonds of Argentina in portfolio and the first two points talk about the agreement with the International Monetary Fund. Ultimately, we remember that what the strategists are looking at is what is the feasibility of the payment of the bonds that today yield a lot around 15% per year. So, to the extent that the bonds become more payable, then they should yield less, that is, they should rise.”
Watch the exact part of the video where Nico talks about Bank of America’s analysis of Argentine Bonds here:
View the video on YouTube.
Read more articles by the world’s top 100 analysts on Bank of America (BAC) at the following link. BAC stock.
